Marginal benefit refers to: » MCQ Academy English

Managerial Economics

Marginal benefit refers to:

The average benefits that arise by using an additional unit of the managerial control variables
The additional benefits that arise by using an additional unit of the managerial control variables
The change in average benefits arising from a change in the control variable
None of the statements associated with this question are correct

Marginal benefit refers to The additional benefits that arise by using an additional unit of the managerial control variables.

Tags: Fundamentals of Managerial Economics